Ben Butcher, chairman, president and CEO of STAG Industrial, Inc. (NYSE: STAG), joined Nareit in New York for a video interview at REITweek: 2019 Investor Conference.
Butcher said that longstanding strong industrial fundamentals continue to benefit STAG, but that supply and demand are beginning to become issues due to potential gross domestic product (GDP) impacts on tariffs.
He added that oversupply is limited to a few large markets, but that STAG operates in secondary markets where it is not an issue.
Butcher said that STAG wants to demonstrate the positive impact of data in order to change the perception that the industrial sector is lagging other sectors in using data analytics.
“We’re working on both identifying assets to be acquired, better visibility into rent achievements…and a variety of other factors that we use in underwriting,” Butcher said.